Tech stocks had a strong 2017, but a couple ended out on a bit of a down note. We take a look at what might be in store for some of the biggest names in the industry.
Apple shares were up 47 percent, but closed out with a mea culpa over its batteries and predictions that iPhone X sales may not be as strong as expected.
Meanwhile Samsung is catching up in terms of profit and revenues. We watch for what the South Korean electronics giant expects for the fourth quarter.
Facebook also had a strong year, despite concerns over fake news and EU regulations. Snap shares hope to turn around after a disappointing market debut. And will Tesla make its production goals? We break down the outlook.
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
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